Cheapest Places to Live in Minnesota

Access hyperlocal data to help you make a confident and informed decision.

Minnesota, known for its scenic landscapes, vibrant cities, and high quality of life, offers a range of living experiences. Landmarks such as the Mall of America, the Boundary Waters Canoe Area, and the Minneapolis Sculpture Garden highlight the state's attractions. The state's economy is diverse and robust, driven by sectors such as healthcare, technology, and manufacturing. Minnesota's tax structure includes relatively high income and property taxes, which can impact the overall affordability for residents. Despite recent inflation and rising food costs, Minnesota remains one of the more affordable states in the Midwest, especially in its smaller towns and rural areas. The combination of a diverse economy and manageable living costs makes Minnesota an attractive place for those seeking affordability and quality of life.

Affordable living in Minnesota can often be found in smaller towns and suburban areas where housing costs and everyday expenses are lower. These regions provide a more manageable cost of living, which is essential for maintaining financial stability. Affordability is a key factor in livability, as it allows residents to enjoy a comfortable standard of living without undue financial strain. Factors contributing to the cheapest places to live in Minnesota include lower housing demand in less populated areas, supportive local economic policies, and efficient public services. Utilizing C2ER's cost of living data helps to identify these affordable regions, ensuring that potential residents can make informed decisions. In a state known for its community spirit and economic opportunities, finding affordable living options enhances the overall living experience.

International Falls Population: 6,015 17% cheaper than Minnesota average

Med. Home Value: $105,700 Med. Rent: $679 Med. Household Inc.: $70,780

With a cost of living index that is 17% cheaper than the state average, International Falls is the cheapest place to live in Minnesota. This area offers residents a remarkable blend of relatively low housing costs, budget-friendly grocery prices, affordable utilities, and economical health care services, making it an attractive destination for those seeking to stretch their dollars further. Whether you're a young professional, a growing family, or someone looking to enjoy a more relaxed pace of life, International Falls provides an inviting and cost-effective environment to call home.

Chisholm Population: 5,025 14% cheaper than Minnesota average

Med. Home Value: $79,600 Med. Rent: $604 Med. Household Inc.: $61,575

The second most affordable city in Minnesota is Chisholm and stands out for its cost-effective lifestyle. With an overall cost of living that is 14% cheaper than the Minnesota average, overall goods and services, housing, utilities, transportation and health care costs fall within a reasonable range. Median household income levels are steady and come in at , which helps to increase the purchasing power of the local residents.

Crookston Population: 7,907 13% cheaper than Minnesota average

Med. Home Value: $135,600 Med. Rent: $650 Med. Household Inc.: $74,533

Crookston lands in the #3 spot for the cheapest cities to live in Minnesota, with a cost of living that is 13% cheaper than the state average. With home prices averaging and rental rates coming in around , it helps that household income levels average about , which assists with paying the mortgage or your monthly rent. Its robust public school system and accessible health care further enhance its appeal, making it a great place to settle down. The strong community spirit and ample recreational opportunities add to its charm.

Worthington Population: 13,520 13% cheaper than Minnesota average

Med. Home Value: $129,900 Med. Rent: $786 Med. Household Inc.: $73,355

The cost of everyday grocery items, goods & services and of course housing, can have a significant impact on the overall cost of living in any area. Worthington offers a picturesque and affordable living environment, with a cost of living that is 13% cheaper than the state average. Everyday items like ground beef , eggs , coffee and pizza are all fairly reasonable compared to most other cities, which helps reduce those grocery bills. Home prices are also fairly affordable (compared to the state average), coming in at around .

Virginia Population: 8,634 12% cheaper than Minnesota average

Med. Home Value: $90,800 Med. Rent: $634 Med. Household Inc.: $61,675

For those wanting to live well on a budget, Virginia is ideal, with a cost of living that is 12% cheaper than the state average. Reasonable housing prices (compared to the Minnesota average) of and rental prices of are paired with economical goods and services and a range of free or low-cost recreational activities. The city's proactive economic development initiatives also ensure a steady stream of job opportunities, making it a smart choice for those prioritizing financial ease.

Thief River Falls Population: 9,032 12% cheaper than Minnesota average

Med. Home Value: $143,900 Med. Rent: $741 Med. Household Inc.: $77,245

Thief River Falls comes in at #6 on our list of the cheapest cities in Minnesota and is a haven for those seeking affordability without sacrificing convenience. The city is known for its discount shopping centers and budget-friendly dining options and has a cost of living that is 12% cheaper than Minnesota. The city's local markets provide fresh produce and other groceries at reduced prices, while parks and community centers offer free entertainment and leisure. This city is perfect for enjoying a high quality of life at a low cost.

Montevideo Population: 5,198 11% cheaper than Minnesota average

Med. Home Value: $100,600 Med. Rent: $648 Med. Household Inc.: $77,168

With its cost-effective lifestyle, Montevideo is an attractive destination for those looking to live affordably. The city boasts suitable housing costs, affordable healthcare, and a variety of budget-friendly dining options. The community is welcoming and vibrant, providing residents with a rich social life at a fraction of the cost. Median income levels come in at , which provides financial stability, purchasing power and increases the quality of life in the city.

Albert Lea Population: 18,460 11% cheaper than Minnesota average

Med. Home Value: $102,700 Med. Rent: $728 Med. Household Inc.: $69,176

A lower cost of living allows individuals to manage their expenses more effectively, reducing the risk of financial stress and debt. When essential costs such as housing, food, transportation, and healthcare are more affordable, people can achieve greater financial stability and resilience. Albert Lea fits that mold and has a cost of living that is 11% cheaper than Minnesota.

Hibbing Population: 16,417 11% cheaper than Minnesota average

Med. Home Value: $111,900 Med. Rent: $580 Med. Household Inc.: $69,782

Lower living costs can lead to a higher quality of life by making it easier for people to afford comfortable housing, nutritious food, and access to healthcare. It can also provide opportunities for better education, recreational activities, and community engagement, contributing to overall well-being. Hibbing is one of the most affordable cities in Minnesota, and has a cost of living that is 11% cheaper than the state average.

Marshall Population: 14,075 10% cheaper than Minnesota average

Med. Home Value: $156,000 Med. Rent: $684 Med. Household Inc.: $72,722

With a cost of living that is 10% cheaper than Minnesota, Marshall comes in at #10 on our list of the cheapest places to live in Minnesota. Financial stress is a significant factor affecting mental and physical health. By lowering the cost of living, individuals can experience reduced anxiety related to meeting monthly expenses, thereby improving overall health and well-being. The ability to afford basic necessities without constant worry contributes to a more balanced and fulfilling life.

Full list of the cheapest places in Minnesota

Rank	Location	Population	COL Index	Med. Home Value	Med. Household Inc.
1	International Falls	6,015	83	$105,700	$70,780
2	Chisholm	5,025	85	$79,600	$61,575
3	Crookston	7,907	86	$135,600	$74,533
4	Worthington	13,520	87	$129,900	$73,355
5	Virginia	8,634	87	$90,800	$61,675
6	Thief River Falls	9,032	87	$143,900	$77,245
7	Montevideo	5,198	88	$100,600	$77,168
8	Albert Lea	18,460	88	$102,700	$69,176
9	Hibbing	16,417	88	$111,900	$69,782
10	Marshall	14,075	89	$156,000	$72,722
11	Austin	26,125	90	$114,100	$72,312
12	Redwood Falls	5,141	91	$125,400	$78,947
13	Fairmont	10,438	91	$137,300	$73,175
14	Brainerd	13,746	91	$127,700	$55,121
15	Waseca	9,195	92	$130,500	$75,747
16	Fergus Falls	14,278	93	$142,700	$62,922
17	Willmar	20,156	93	$140,800	$75,861
18	Little Falls	9,000	93	$143,500	$58,955
19	New Ulm	13,686	94	$145,600	$89,385
20	Winona	27,459	94	$153,500	$73,011
21	Litchfield	6,894	94	$151,500	$76,941
22	East Grand Forks	8,756	95	$205,800	$86,180
23	Grand Rapids	11,472	95	$153,200	$72,981
24	Hutchinson	14,331	95	$157,200	$82,822
25	Bemidji	15,682	95	$141,300	$54,650
26	St. Cloud	69,805	96	$158,500	$75,349
27	Glencoe	5,684	96	$163,600	$91,642
28	Cloquet	12,471	96	$151,600	$79,738
29	Morris	5,519	97	$167,200	$87,948
30	Owatonna	26,702	97	$171,400	$97,617
31	Waite Park	7,879	97	$160,700	$66,269
32	Cambridge	9,290	97	$167,200	$86,119
33	Faribault	24,714	97	$169,900	$81,911
34	Duluth	87,821	98	$167,300	$81,452
35	St. Joseph	7,722	98	$172,200	$101,626
36	Alexandria	14,194	98	$185,000	$81,276
37	St. Peter	12,333	98	$178,000	$82,721
38	Red Wing	16,808	98	$179,200	$86,170
39	Sauk Rapids	14,365	98	$181,700	$80,331
40	Lake City	5,226	98	$178,900	$90,615
41	Kasson	6,620	99	$192,800	$118,532
42	La Crescent	5,277	99	$190,000	$87,815
43	Brooklyn Center	31,682	99	$187,400	$96,266
44	Columbia Heights	21,019	100	$193,700	$90,385
45	Isanti	6,216	100	$190,700	$109,788
46	Detroit Lakes	9,567	100	$188,500	$77,770
47	Mankato	43,578	100	$188,900	$78,663
48	Stewartville	6,255	100	$190,100	$118,727
49	St. Paul Park	5,562	101	$204,800	$124,354
50	Robbinsdale	14,767	101	$213,100	$110,760

Methodology

To formulate the list of the cheapest places to live in Minnesota, AreaVibes utilized comprehensive data from the Council for Community and Economic Research (C2ER) cost of living index. The report is released annually and offers a detailed comparison of living expenses across various urban areas. The data is meticulously gathered by over 300 independent researchers, ensuring a high level of accuracy and reliability. The C2ER index encompasses more than 60 goods and services, categorized into six essential areas that significantly impact the cost of living. These categories and their respective weightings in the index are as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%), and utilities (10%).

Map of Cost of Living by State

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The map above is a great way to help you discover the most affordable states across the U.S. By highlighting states with the lowest cost of living, this map provides an in-depth look at where you can get the most value for your money. By visually representing this data, the map allows users to easily compare different regions and make informed decisions about potential relocations or investments. Additionally, it provides valuable insights into the economic conditions and lifestyle factors that influence these cost of living statistics. Whether you're planning a move, considering a new job, or simply curious about the economic landscape, this map is a useful resource for understanding and navigating the financial implications of living in different states.